OFF-MARKET DUPLEX DEAL – WAYCROSS, GA (ASSIGNMENT OF CONTRACT)

604 Hicks St, Waycross, GA 31501

$155,555 After Repair Value -
$60,000 Asking Price -
$40,000 Cost of Repairs =
$55,555 Potential Profit

Property Details

Asking Price $60,000

After Repair Value $155,555

Costs of Repairs $40,000

Potential Profit $55,555

Living Area 1680 ft2

Property Type Duplex

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,500

Yearly Expenses N/A

Property Taxes $864

Net Operating Income N/A

Cap Rate N/A

Property Description

2-UNIT BRICK MULTI-FAMILY | $60,000 | MUST CLOSE BEFORE CHRISTMAS ???????? 604 Hicks St, Waycross, GA 31501Extremely rare BRICK DUPLEX under $65K in a strong rental pocket.Perfect for BRRRR, cash-flow investors, and value-add buyers.First come, first serve.---? PROPERTY DETAILS???? Duplex – 2 Separate Units (2 Bed / 1 Bath Each)???? All Brick Construction – durable & low maintenance???? 1,680 sqft total???? Vacant — ready for walkthrough???? Assignment of Contract???? Clear title (POA in place)???? Off-street parking???? Solid structure with great layout---???? NUMBERS THAT MAKE THIS A WINPrice: $60,000 (Assignment)ARV: $140,000 – $155,000???? Rehab Estimates:Rent-Ready: $10,000 – $20,000Full Flip Finish: $25,000 – $40,000(Choose your strategy: BRRRR or retail flip.)---???? RENT POTENTIAL (Cash-Flow Beast)• Unit 1: $750–$900/mo• Unit 2: $750–$900/mo???? Total: $1,500 – $1,800/moWaycross duplex rentals are HOT and move quickly.---???? COMPS / VALUE SNAPSHOT• 515 Hicks – Listed $99,000 (single-unit)• 613 Hicks – Sold $49,998 (smaller SFH)• Renovated duplexes ? $140K–$155K+ ARV• Subject property previously marketed at $67,700Instant equity + huge rental upside.---? TERMS???? $60,000 Assignment Price???? Cash or Hard Money Only???? Buyer Pays Closing Costs???? Must Close Before Christmas? 14-Day Closing???? Assignment contract included---???? ACCESS / INFOProperty is vacant — DM “HICKS” for:? Full photo set? Walkthrough info? Rehab sheet? Comps packet? Assignment contract---???? FIRST COME, FIRST SERVE — BRICK DUPLEX UNDER $65K WON’T LAST LONG.

Repairs Needed

Rent-Ready: $10,000 – $20,000\r\nFull Flip Finish: $25,000 – $40,000\r\n(Choose your strategy: BRRRR or retail flip.

CONTACT LISTING OWNER

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 604 Hicks St, Waycross GA

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (20)

Hundreds of properties in Georgia! Check Deals in Georgia